Price fixing? In a Korean company? No….

Hynix Semiconductor, it emerged today, is the latest firm to plead guilty in a far-reaching DRAM scandal and has agreed to pay the DoJ a $185m fine.

The charge against Korean Hynix is the third-largest criminal antitrust fine in US history. It is, however, less than Hynix was prepared to pay. Last month, some nosey reporters discovered $341m piled away in Hynix’s coffers just in case the DoJ came knocking.
via The Register

Price fixing. Now, that’s a practice I have never witnessed in Korean. *coughs*

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